Utkarsh Small Finance Bank Ltd

Utkarsh Small Finance Bank Limited was incorporated on April 30 2016 at Varanasi Uttar Pradesh as a Public Limited Company and was granted a Certificate of Incorporation by the Registrar of Companies. The Promoter Utkarsh CoreInvest Limited started operations as a NBFC in year 2010 and was focused on providing microfinance to unserved and underserved segments in the States of Uttar Pradesh and Bihar. Later on it converted to a NBFC MFI. The Bank is engaged in providing banking and financial services and governed by Banking Regulation Act 1949. On October 7 2015 the Promoter received the RBI InPrinciple Approval to establish an SFB following which it incorporated Utkarsh Small Finance Bank Limited as a whollyowned subsidiary on April 30 2016. Subsequently the Bank received final approval of the RBI to carry on the business as an SFB on November 25 2016. Accordingly Utkarsh CoreInvest Limited transferred its business of providing microfinance as a going concern to the Bank and consequently commenced its operations from January 23 2017. The Bank was included in second schedule to the RBI Act as a Scheduled Commercial Bank pursuant to a notification dated October 4 2017 issued by the RBI and published in the Gazette of India on November 7 2017. Following the commencement of SFB operations the Bank further engaged with borrowers by focusing on microfinance and diversifying product offerings to include savings accounts deposit products and other loan products. The Bank operations were focused in the states of Uttar Pradesh where it headquartered and also in Bihar and Jharkhand. The Banking Operations are spread across India and are present in 22 States and Union Territories with 686 Banking Outlets as of March 31 2022. It had a network of 209 onsite and 6 offsite ATMs. As of March 31 2022 the Bank had also setup 310 microATMs. As of March 31 2022 67.91 of Gross Loan Portfolio GLP has been generated from Bihar Uttar Pradesh and Jharkhand respectively.The Bank asset products include micro banking loans that include joint liability group loans and individual loans retail loans including unsecured loans such as business loans and personal loans and secured loans such as loans against property LAP wholesale lending that includes short term and long term loan facilities to SMEs mid and large corporate and institutional clients housing loans with a focus on affordable housing commercial vehicle / construction equipment loans and Utkarsh Gold Loan product that was launched in Fiscal 2022. On the liabilities side it offer savings accounts current accounts and a variety of term and recurring deposit accounts. In addition it provide noncredit offerings comprising ATMcumdebit cards bill payment system and distribute mutual funds and insurance products.The Company is planning to come out with a public issue of Rs. 500 crore Equity Shares through fresh issue..

Revenue: ₹901.71Cr as on December 2025 (Q3 FY26)
Net Profit: ₹0.00Cr as on December 2025 (Q3 FY26)
Listing date: 21 Jul, 2023
Chairperson Name: P K Gupta